What Do I Have to Pay For When Buying a Home?

When buying a home in Bellingham WA, there are several expenses to be considered. The cost of the home and mortgage payments are just two of them. It’s important to understand the lending process but make sure you don’t overlook the other fees that you’ll have to pay while buying a home.

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Why Buy Retirement Land in Bellingham?

Buying land for retirement in Bellingham is convenient

There are many options for investing money wisely. For investors looking to buy retirement land in Bellingham, you’re surely ahead of the pack when it comes to healthy financial returns. One of the benefits of such an investment is that vacant land requires no upkeep. You don’t need to deal with renovations or construction because it’s undeveloped. Before buying, it’s important to ask whether the land is suitable for development. You may not want to buy a vacant piece of Bellingham real estate if you or a future buyer will be unable to build on it.

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Investment Real Estate vs Annuities

My investors in Bellingham, Washington, always want to know the real scoop behind renting investment real estate. They hear a lot of non-sense and come to me asking the low down. I have so many requests on this topic that I have decided to lay it all out layman style to you. While this is not exhaustive, it will serve as a basis from which your knowledge can flourish. We will cover annuities versus rentals in this section, with more to follow in this series in additional postings.

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How to Make Money in Residential Real Estate: Part Two

With a strengthening economy and a long-term plan, it is quite possible to make money in residential real estate and create a solid income. Careful planning and an understanding of some basic financial principles can help you develop a steady cash flow as well as tremendous equity in a property that will provide a significant return on investment at an eventual sale.

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My satisfied clients say...

  • Derek was great to work with! Very easy going guy with lots of experience and knowledge in real estate. He has a lot of marketing tools at his disposable and was able to market our property effectively. Highly recommend him!
  • Derek Worchel makes writing a review the simplest job on planet earth. He’s so knowledgable that it immediately puts you at peace knowing that you have someone in your corner who intimately knows the ins and outs of the industry.
  • My real estate transaction with Derek Worchel was the best experience I have ever had selling a house. Not only was he an impressive real estate agent, he always went above and beyond my expectations.

My goal is to be your single resource for all your Real Estate needs. If you are looking for a Bellinghm Real Estate agent who knows the Whatcom property market better than any other, contact me today to discuss how I can help you.

Latest Posts

Why is Birch Bay Village a Smart Investment?

Why is Birch Bay Village a Smart Investment?

Birch Bay Village is the best place to experience a relaxed life, as it becomes your own little comfort zone. With miles of sunny beaches, sunset views, and warm shallow waters, you’ll feel as if you’re in a Hollywood classic.
Which Two Places Offer the Best Views of Birch Bay?

Which Two Places Offer the Best Views of Birch Bay?

If you are thinking about visiting Birch Bay to buy property or maybe just for a weekend getaway, make sure you stay in the best place so that you get an excellent view of the town.
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